By Ivan Anderzhanov in Moscow Trust Bank has hired Igor Potapov as head of investment banking as it attempts to rebuild its equity brokerage operation. A source close to Trust confirmed Potapov, a former head of sales trading at Goldman Sachs in Moscow, had been hired recently. Trust Investment Bank is a mid-tier broker and… Continue Reading
Category Archives: Hires & Fires
Rencap hires Igor Kamenskoy as chairman of the board
By Ivan Anderzhanov in Moscow Renaissance Capital today announced the appointment of a senior politician Igor Kamenskoy as chairman of the board. A long-serving member of the Federation Council, Russia’s upper house of Parliament, Kamenskoy will oversee Renaissance’s relationships with Russian government agencies and regulators as well as state corporations. Kamenskoy’s appointment will become effective… Continue Reading
Otkritie continues hiring spree
By Ivan Anderzhanov Russian brokerage firm Otkritie has continued its hiring spree by recruiting Alexander Zakharov as director of international sales in Moscow. Zakharov, who was previously deputy head of equities at Metropol, takes on a new role to oversee efforts to work with institutional clients in continental Europe. He had joined Metropol in 2007… Continue Reading
Exclusive: Goldman hires Mike Workman from UBS ahead of sovereign Eurobond decision
By Jason Corcoran in Moscow Goldman Sachs have hired Michael Workman from UBS for a senior role in fixed income just as the US investment bank expects to land a key role on Russia’s $17bn Sovereign Eurobond issue. The Wall Street Bank declined to comment but a source close to Goldman Sachs in Moscow confirmed… Continue Reading
Exclusive: Ghavami to head Troika’s global markets team in senior shake-up
By Ivan Anderzhanov in Moscow Russian investment bank Troika Dialog has appointed Peter Ghavami as head of global markets in a shake-up of its senior team following the completion of the integration of Standard Bank’s operation in Moscow. Insiders at Troika indicated Ghavami had been given the key role after the completion of the merger… Continue Reading
Aganbegyan switches CEO for President post at RenCap / Credit Suisse hires senior investment banker from Merrill
By Ivan Anderzhanov in Moscow. Renaissance Capital’s rainmaker Ruben Aganbegyan has relinquished his role as chief executive of the investment bank after being appointed yesterday as its president. A RenCap spokesman said Aganbegyan appointment was a promotion and would not dilute his position as its key client and government relationship banker. Aganbegyan, who joined the… Continue Reading
Barclays scoop up VTB CFO to lead its Russia business
Jason Corcoran in Moscow British bank Barclays has hired Nikolai Tsekhomsky as chief executive from Russian state bank VTB to head up its global retail and commercial banking business in Russia. Tsekhomsky, who has only just stepped down today from VTB after four years as its chief financial officer, will takeover from Sergey Radchenkov, who… Continue Reading
Hires & Fires: Equity departures heap pressure on UniCredit in Moscow
By Jason Corcoran in Moscow UniCredit Securities in Moscow, which has lost staff to resurrected investment bank Aton in recent months, has suffered another blow following the departures of its head of equities Steven Dashevsky and equity analyst Anna Kochkina. A source close to UniCredit said Dashevsky was not joining a group of colleagues who… Continue Reading
Hires & Fires: New star trader at Merrill Lynch in Moscow?/ Cordon promoted at UBS
Merrill Lynch had declined to comment on a report that star trader Paval Naumenko has been hired by the US bank in Moscow. The report in yesterday’s Vedomosti said Naumenko, who had worked at Renaissance Capital until last year, had been hired and would report to Bernie Sucher, head of global markets for Russia. However,… Continue Reading
Alfa Bank merges investment bank with its corporate bank
By Jason Corcoran in Moscow Russia’s Alfa Bank is merging its investment bank with its corporate bank into one division. The new unit will be aimed at increasing Alfa’s ability to sell products ranging from loans to advice on takeovers to its 40,000 plus corporate clients. The move mirrors a decision taken by Citigroup in… Continue Reading
Hires & Fires: Troika Dialog hire sales and trading duo in London
Russian brokerage Troika has hired two sale and trading executives in London to replace a team that quit for rival bank VTB Capital in June. Troika has tapped Jim Bevan and Marcus Martin from Japanese bank Nomura in London. The pair are believed to be on gardening leave until they start at the end of… Continue Reading
JP Morgan knocks Troika Dialog off its Russian M&A perch
Western investment bank JP Morgan has knocked Moscow brokerage Troika Dialog off the top M&A adviser perch in Russia during the first half of 2009, according to data provider Mergermarket. JP Morgan has so far advised on three deals with a total value of $6.2bn, while Troika lags in joint 12th position having only advised… Continue Reading
Hires & Fires: Unicredit hires senior sales exec Uebel/ Credit Agricole appoints Matthias Warnig/ RTS adds board member
Italian bank UniCredit has recently hired the experienced Patrick Uebel from Deutsche Bank as a senior international equity sales executive covering clients in Europe, the US and the UK. German-national Uebel had spent less than a year at Deutsche Bank in Moscow in its equity division. He had previously worked at DWS, the German bank’s… Continue Reading
Hires & Fires: Goldman banker surfaces at McKinsey/ Oligarch hires Merrill banker/ Nayak boost Deutsche's structuring team
Igor Livant, a former executive director at Goldman Sachs in Moscow, has surfaced as an associate principal at consultants McKinsey & Company. Livant, who left the American investment bank in February, had been at Goldman’s for three an a half years. He has extensive experience in equity and M&A deals in Russia and the CIS.… Continue Reading
BLOG: VTB Capital targets Gulf's sovereign wealth billions
Jason Cororan in Moscow VTB Capital, the investment banking arm of state-controlled VTB bank, has hired ten staff for its new Dubai operation in a bid to lure sovereign Gulf money to Russia. The bank is attempting to set itself up as a conduit for Middle East sovereign wealth money which might be interested in… Continue Reading
Exclusive: VTB hiring spree continues/ Aton Capital ramps up/ Troika appoints UK CEO
Hires & Fires VTB Capital, the Russian investment bank, is carrying on its hiring spree with the appointment of Ivan Tchebeskov from Swiss bank UBS as a director of equity sales. Tchbeskov had been a director for Russian equities at UBS for three years in Moscow and New York. VTB, which last week lured a… Continue Reading
Hires & Fires: Kandel quits Unicredit as Aton ramps up/ Blackrock parts company with Monoviski
By Taras Rybak in London Alexander Kandel, chief executive and head of investment banking at Italy’s UniCredit Securities in Moscow, is leaving the group just as it is engaged in a battle with Russian bank Aton for its staff. UniCredit said Kandel was leaving shortly for “personal reasons” to take some time out and would… Continue Reading
Hires n Fires: HSBC names Sekora head of personal services/ Former RIM executive joins Fink fund
British banking giant HSBC has named Johan Sekora as head of personal financial services ahead of its formal launch into retail banking in Russia next Tuesday. Sekora will be responsible for launching, rolling out and managing the bank’s Russian retail operations. Sekora, who will be based in the bank’s Moscow headquarters, has been with HSBC… Continue Reading
Renaissance Capital is axing its annual investment forum / Senior executives are leaving Troika Dialog
Russian investment bank Renaissance Capital is axing its annual investment forum showcase in Moscow following a turbulent nine months when it has been forced to cut 50% of its staff and sell half of the company to billionaire oligarch Mikhail Prokhorov. The three-day forum has in the past attracted thousands of investors and fund managers… Continue Reading
Hires/Fires: Nomura boosts Russian research effort/ VTB Capital carry on hiring
Japanese investment bank Nomura has boosted its Russian research effort with the appointment of Ivan Tchakarov as an economist and Vladimir Zhukov as an equity analyst. Tchakarov, a Russian economist, is to be based in London while Zhukov will cover steel and raw materials from Nomura’s Moscow base. Zhukov had previously worked at Lehman Brothers… Continue Reading
VTB Capital hires equity sales gunslinger Capone/ ING's Wood hits the road
Exclusive: Hires/Fires Russian investment bank VTB Capital has recruited sales gunslinger Michael Capone from Goldman Sachs in Moscow for its own growing equity sales team. The VTB press office declined to comment whether the recruitment of Capone represented an end to its hiring freeze. American Capone, an executive director at Goldman Sachs in Russia, joined… Continue Reading
Troika Dialog taps Nazarov from Credit Suisse for IB
Alexander Nazarov has defected to Troika Dialog from Credit Suisse, where he worked as director of the investment banking. Nazarov will join Troika as managing director in investment banking and will report to Jacques Der Megreditchian, Managing Director, Head of Investment Banking and Global Markets at the Troika Dialog Group. Prior to Credit Suisse, Mr.… Continue Reading
Troika Dialog appoints Boris Todorov as Director of Risk Management
In challenging times for global credit markets, Troika Dialog – leading Russian emerging markets investment bank is strengthening its Risk and Capital Management Division. As Troika Dialog’s Director of Risk Management, Boris Todorov will oversee market and credit risk within Troika Dialog’s Broker, Asset Management and Private Equity divisions. Mr. Todorov will report to Richard… Continue Reading
VTB Capital appoints Wiktor Bielski as Global Head of Commodities Research
VTB Capital, Investment Business of VTB Group, strengthens its Research Team by hiring Wiktor Bielski as Global Head of Commodities Research. Wiktor is based in London and reports to Alexander Pukhaev, Head of Commodities, Oil & Gas and Metals & Mining, VTB Capital. Wiktor will be responsible for the development of a market-leading commodity research… Continue Reading
Standard Bank aquires stake in Troika Dialog
STANDARD BANK has appointed Peter Ghavami (former head of capital markets in Russia at Lehman Brothers & prior to that with UBS where he was the global head of commodities to partner Nick Jordan in building its Russian business) to control its investment in Moscow brokerage Troika Dialog. The South African bank acquired a third… Continue Reading
Senior bankers leave Merrill
BANK OF AMERICA MERRILL LYNCH has laid off Dmitri Rozanov one of the most productive dealmakers who led the Russian M&A business while based in London. He was previously with JP Morgan & was ranked number one in Thomson Reuters’ league table for the Russian region last year with 14 deals worth $24bn (€18.8bn). His… Continue Reading
Renaissance Capital appoints new head of Private Equity business
RENAISSANCE CAPITAL has appointed Chris Baxter, the former chairman of investment banking as the chief executive of Renaissance Partners, to lead its private equity business. His appointment is subsequent to the loss of two seniors (Richard Olphert and Rory Cullinan, chairman and deputy chairman) from the division ever since the start of the year. The… Continue Reading